The Labor Dept. reported this morning that claims fell to a four-year low, dropping 30,000 in the week ended Oct. 6 to 339,000. It was an unusually large move; consensus was for a modest drop of 2,000 to 365,000.

Coming on the heels of Friday’s monthly numbers, and the row that ensued after former GE CEO Jack Welch blasted the report’s validity, this number is sure to raise eyebrows, and indeed already is doing so.